At its height, Nakumatt Supermarkets was the darling of mall owners. New and upcoming malls were outbidding each other to have the retailer become their anchor tenant and with the promise of human ...
NAIROBI, Jan 7 (Reuters) - Creditors of Kenya's Nakumatt supermarket chain, once East Africa's biggest retailer, voted on Tuesday to wind it up after it was unable to pay debts following a failed ...
NAIROBI (Reuters) – Creditors of Kenya’s Nakumatt supermarket chain, once a leading regional retailer, voted on Tuesday to wind it up over an inability to pay its debts after a failed rescue attempt, ...
NAIROBI (Reuters) - Kenya's Nakumatt is seeking court protection to rebuild its fortunes after creditors demanded millions of dollars owed by a company that grew from a small Rift Valley bed shop to ...
Kenyan retailer Nakumatt will permanently close its stores. The supermarket chain’s creditors gave the green light on Tuesday, 7 Jan, to liquidate the company. Some 38bn Kenyan shillings (€337m) are ...
NAIROBI (Reuters) - Nakumatt, Kenya's largest retailer, plans to expand across Africa by focusing on opening stores in more eastern Africa countries over the next two years, its managing director said ...
Nakumatt has filed for administration after a slew of petitions from creditors owed millions of dollars.The company started life more than 25 years ago as a small Rift Valley bed shop and became East ...
AccessKenya has entered into a partnership with supermarket chain Nakumatt to promote and sell Access@Home, the Internet service provider’s residential broadband product. “There is no better partner ...
Environment minister Kalonzo Musyoka has launched biodegradable shopping bags at the Nakumatt supermarket chain, the East African Standard reported. “Our country is being littered with non-degradable ...
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